AlanSantana

📈 Tether Dominance Trading Below MA200 Favors The Bears

Short
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
This is a long-term chart for USDT.D (Tether Dominance)... Notice the black line, MA200.

Back in late December 2021, Tether Dominance moved above MA200, this signaled the beginning of a long upwards trend.

This also confirms MA200 as a long-term indicator.

Recently, 13-January-2023, Tether Dominance moved decidedly below MA200, signaling a long-term potential going lower.

As USDT.D goes lower, Bitcoin/Cryptocurrency goes higher.

If it goes lower long-term, crypto goes higher long-term.

Thank you for reading.

Namaste.

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